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Summary of business news Feb 8 to 14
New CEO for EPF, Nazir Razak joins PLS, Tyson Foods invests RM420m in MFM
Telekom, HLFG lead KLCI higher
KUALA LUMPUR: Bursa Malaysia started Tuesday on a hopeful note as gains in Telekom Malaysia and HLFG helped power the FBM KLCI higher as investor sentiment firmed up after the strong overnight close on Wall Street.
Nazir Razak joins board of durian planter PLS
PETALING JAYA: PLS Plantations Bhd has appointed former CIMB Group Holdings Bhd CEO and chairman Datuk Seri Nazir Razak (pic) as its non-executive independent chairman.
Durian planter PLS appoints Nazir Razak as new chairman  Â
KUALA LUMPUR: Durian company PLS Plantations Bhd has appointed former CIMB Group Holdings Bhd boss Datuk Seri Nazir Razak as its new chairman effective Feb 10.
Bursa kicks off February on firm note
KUALA LUMPUR: Bursa Malaysia kicked off February on a firm note, lifted by gains in banks, Petronas stocks and also gloves following the strong overnight close on Wall Street.
Quick take: PLS Plantations soars after Nazir steps in
KUALA LUMPUR: PLS Plantations Bhd announced that former CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak has taken a stake, boosting its shares 11% higher in early trade Monday.
Trading ideas: Toyo Ventures, DNeX, PLS Plantations, SC Estate, FGV
KUALA LUMPUR: Stocks to watch on Monday include Toyo Ventures Holdings Bhd, Dagang Nexchange Bhd (DNeX), PLS Plantations Bhd, SC Estate Builder Bhd and FGV Holdings Bhd, according to JF Apex Research.
PLS Plantations to place out 19m new shares to Nazir Razak
KUALA LUMPUR: PLS Plantations Bhd, which is shifting its core business into durian plantations, has proposed to place out up to 19 million new shares to former CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak at 95 sen a share.
Ekovest aims to transform into larger listed conglomerate
KUALA LUMPUR: Ekovest Bhd aims to transform the group into a larger listed conglomerate with a larger portfolio of diversified businesses as a part of its strategy, with an increase in shareholding, approximately 57.38 per cent of total issued shares in PLS Plantations Bhd (PLS) upon its completion.
